Bertha

Update on Bertha

Bertha is a member of the village bank Las Gaviotas. She is 43 years old, married and a mother of two daughters. She has been a member of FINCA Peru for two years. She has a grocery store. She says that the time that she has been a member of FINCA Peru has been a very good experience. She feels proud of what she has been able to save. Her dream for the future is to keep saving so she can give her daughter a good education. It's very important to her that her young daughter has the opportunity to become a professional. What's more, Bertha is saving little by little to be able to build a house to share with her family. The requested loan will be used to purchase merchandise for her business like rice, sugar, milk, noodles, flour, oil, drinks, etc.

Previous Loan Details

Bertha is a member of the “Las Gaviotas” (The Seagulls) communal bank. She is 41 years old, married and has two children who are 15 and 2 years of age. Bertha has a store where she sells groceries in general; she also sells vegetables, fruit, chicken, meat. She will use the loan she’s requesting...
More from Bertha's previous loan »

Additional Information

About FINCA Peru

This loan is administered by FINCA Peru, one of Kiva’s Field Partners in Peru. FINCA Peru is dedicated to empowering socially and economically disadvantaged women in Peru, contributing to the development of their families, and building sustainable communities.

In 1990, FINCA Peru began by lending to a small group of women widowed by the Shining Path terrorist movement in Ayacucho. Beyond loans and financial services, FINCA offers business development training, personal and family development training, gender empowerment sessions, life insurance products, and financial and social literacy sessions for the children of borrowers. Visit FINCA Peru’s Kiva Field Partner page to learn more.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.